Assessment details and submission Guidelines:

Trimester : T2 2019 Unit Code: HI5017

Unit Title: Managerial Accounting

Assessment type: Assignment

Purpose of the assessment (with ULO Mapping)- Students are required to develop their understanding of the purpose and use of management accounting systems, and its usefulness in aiding mangers make informed discussions. You are to critically evaluate two journal articles to analyse the practical use of management accounting systems by contemporary companies, in terms of their relevance to the real life companies decisions making by managers and achievement of business goals (ULO 2,3,5,6,7 &8)

Weight : 30% of the total assessment Total Marks: 30

Word limit : No ore than 3000 words . Please use ” Word count” and include in assignment.

Submission Guidelines:

> All work must be submitted on Blackboard by the due date along with a completed Assignment Cover Page.

>The assignment must be in Mas word format, No spacing, 12 pt Arial font and 2 cm margins on all four sides of your page with appropriate section headings and page numbers.

>Reference sources must be cited in the text of the report , and listed appropriately at the end in a reference list using Harvard referencing style.

> It is the responsibility of the student who is submitting the work, to ensure that the work is in fact her / his own work. Incorporating another’s work or ideas in to one’s own work without appropriate acknowledgement is an academic offence. Students should submit all assignments for plagiarism checking on Blackboard before final submission in the subject. For further details. please refer to the Unit Outline and Student Handbook.

Format of the Assignment Submission:

You should at least have the following details:

a) Assignment Cover page clearly stating your name and student number

b) Abstract (one paragraph )

c) Table of Contents

d) Body of the assignment with appropriate section headings.

e) Conclusion

F) List of references

Purpose:

This assignment aims at developing your understandings of the purpose and use of management accounting systems, and its usefulness in aiding mangers make informed discussions. You are to critically evaluate two journal articles to analyse the practical use of management accounting systems by contemporary companies, in terms of their relevance to the real life companies decisions making by managers and achievement of business goals .

Assignment Task:

Journal Article Critique (30 Marks):

You are required to read the journal article by Watts, Yapa and Dellaportas (2014), “The Case of a Newly Implemented Modern Management Accounting System in a Multinational Manufacturing Company”. Australasian Accounting Business and Finance Journal, 8(2), p. 121-137. the journal article is attached as a separate file in Blackboard under the folder <assignment> .

Required: Critically evaluate the role of management accounting systems (MAS) and the provision of accounting information for the case company by answering the 4 questions below:

Questions:

1- Identify any three specific examples of the different types of management accounting methods and / or techniques from the case. (3Marks)

2- Are MAS relevant to contemporary organisations?Discuss this with reference to:

1) What evidence is there from the case company? include examples in your answer. (5 Marks)

2) Compare and contrast this finding with one another journal article you will need to find that has discussed about management accounting systems in other real life company of companies. Did this second study have similar findings as the first chose article, or mixed and / or different findings ? Explain with examples. (5 Marks)

3- What conclusions do you make about the relevance of MAS in today’s competitive and (in most cases),uncertain business environment? (4 marks)

4- Provide four specific outcomes or lessons learned from each of the two articles research findings that will be useful for management accounts in Australian Companies to learn from and justify your answer (i.e. provide 2 outcomes from each of the two studies) 8marks

Another 5 marks are determined by the overall presentation of your assignment.

Additional Information:

a) you are encouraged to choose the second journal article from the following Accounting and Management Accounting Journals:

b) the Journal article need to study a real life companies MAS from year 2010 onward, (If any country)

c) The journal article these journals in PrQuest Database by clicking on the given links.